Growth and economic well-being: third quarter 2018, OECD

OECD household income growth continues to lag GDP growth in third quarter of 2018

07/02/2019 - Growth in real household income per capita, which provides a better picture of changes in households’ economic well-being than real GDP growth per capita, slowed to 0.1 % in the OECD area in the third quarter of 2018, compared with 0.2% in the second quarter of 2018. While real GDP per capita growth slowed more significantly (to 0.3% from 0.6% in the second quarter of 2018), it continued to outpace growth in real household income per capita.

Real household income per capita and real GDP per capitaPercentage change on the previous quarter, seasonally adjusted data

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